Neelum Valley (also spelled Neelam
Valley) is a 144 km long bow-shaped thick forested region in Azad Kashmir,
Pakistan. It is named after the Neelam River, which flows through the length of
the valley.

Neelum valley is situated in the
north-east of Muzaffarabad, running parallel to Kaghan Valley. The two valleys
are only separated by snow-covered peaks.